STOCK EXCHANGE BUSINESS

Press, Volume LXXVI, Issue 23086, 31 July 1940, Page 6

STOCK EXCHANGE BUSINESS

KAIAPOI WOOLLENS EASIER Although one or two prominent issues showed an easing on the Christchurch Stock Exchange yesterday, quotations in most sections were around late levels. Two sales of debentures were recorded, one of Auckland Gas 5 percent. perpetual at the unchanged price of £IUO, and one of New Zealand Government 4 per cent, stock, due 1940, at £lO3 ss, an easing of 5s on business a week ago, Kaiapoi Woollens were easier at T4s 6d, with late offers of 14s failing to attract sellers, Late sales of Westport Coal on Monday were reported at 22s 3d and 23s 6d, Buyers yesterday offered 225, but sellers were at 245, Macduffs (preference) were firmer on buyers’ offers of 13s Gd, Buyers of New Zealand Newspapers moved up to 28s 9d, with sellers Arm at 31s. Sales on ‘Change—l3s Auckland Gas 5 per cent.- perpetual, £IOO. ' Sales Reported—£s6o New Zealand Government 4 per cent, stock, 1943-46, £lO3 ss; 100 Kaiapoi Woollens (17s paid), 14s 6d; 200 Westport Coal (late Monday), 22s 3d, 22s 6d. LATEST QUOTATIONS N.Z. Govt, Debentures—3 p.c. Ins.. 1941, b. £9B 10a s. £O9 10s; 3i p.c. Ins., 1953-57, b, £9B 10s; 4 p.c. Ins,, 1940-43, b. £101; 4 p.c. Ins., 1943-46, b. £lO3 ss; 4 p.c. Ins., 30/11/48, b. £103; 4 p.c. Ins.. 1946-49, s.. £lO4 ss; 4 pc. Ins., 1949-52, b. £lO3 10a; 4 p.c. Ins., 1952-55, b. £103; 4 p.c. Ins., 1954-53. b. £lO3 10s; 4 p.c. Bonds. 1941). b £lO3 ss. s. £104; Rural Bonds, 5 p.c., 15/9/47, b. £lO3. Other Debentures—Auck, Gas (5 p.c. Perp.), b. £100; Booth, Mac., 5 p.c., 1/6/47, b. £69; Majestic Theatre (In’gill), 5 p.c., 20/3/52, s. £IOO. Banka—Natl, of N.Z., b. £1 16s; N.Z., s. £2 Os 9d; Union of Aust,, b. £6 12s 6d. Insurance —Natl,, b. 17s 9d; Standard, b. £2 16s fid. „ Loan and Agency—N.Z. Guar. Corpn., b 2s 9d, a. 3s 3d; N.Z. Loan and Merc, (ord. stock), a, £4O; United Building, b. £l, s. £1 Is; Wright. Stephenson (prcf.i. b. 19s fid, a. £1 0s 3d. Frozen Meat-Canty., b. £9 15s; N.Z. Refrig, (10s paid), b, Bs 4d; Southland, b, £1 Us Woollens—Bonds Hosiery, b. £1 4s; Kaiapoi (17s paid), b. 14s; Mosgiel, b. &10; Timaru, b, 9s 6d, Coni— Westport-Stockton. b, 2s, a. 2s 6d; Westport, b, £1 2s, s. £1 4s. Gas —Auckland (10s paid, fully paid), s. 8s 8d; Christchurch, s. £1 4s 9d; Christchurch (10s paid), b, 10s 6d. Breweries—Ballins (15a paid), b. 10s 9d, s. 12s fid; N.Z., s. £1 13s 9d; Ward (in iiadn.), s. Is Gd: Staples, s. Is 6d. Miscellaneous—Beath, b, 16s: Booth. Mac. fpref.). b. 2s 3d; C.F.C.A., b. 8s; Dorn, Fertiliser, b. £1 ss;.Dorn. Rubber, s. £1 Grestei Crystal, b. 12s 6d; Hay s. Ltd., b £1 Is; Hay’s. Ltd. (con.), b. 16s Id. s. 17s; Macduffs, b. 5s 10d: Macduffs (prcf.i. b. 13s Bd. s. 15s; Naff. Electric, s, £1; N.Z. Farmers’ Co-op. (A pref.). s. £2; N.Z. Farmers’ Co-op. (4J p.c. Stock, 19oo), b. £BO. s. £B3 12s fid; N.Z. Newspapers, b. £1 8s 9d, s, £1 11s; N.Z. Paper Mills, b. £1 Bs; North-Roller Milling (pref.), b. 19s Bd; Quill Morris (1036), hj. IBs. s. £1: Urlwlns (pref.), b. £1 2s; Tingey, B- and E. (pref.), b. 18s 7d, s. £1 0a 6d; Wilsons Cement, b. 17s fid. s. £1: wool worths (N.Z.), b. 14s; Woolworths (N.Z.) (pref.), b. £l 14s, s. £1 19s fid. N.Z. Mining—Addison's Flat, b. Is; Austral (N.Z.), b. £1 3s. S. £1 10s; Big River, b. fid; Grey River, b. 14s; Maori Gold, s. fid; Mossy Creek (cum div.l, s. Is 2d; New River, b 3Jd, s' 5Jd; Worksop, s. 4Jd. Unlisted Stocks—Assoc, Gold Dredges .(8s paid), b. fis, s. 7s fid: Assoc. Mot. Pet. (pref.), £1 fig; Christchurch Press, b. £6 10s; Brunner Collieries, s. 34s:' Lange's Mobile Gas, s. 10s fid; Pnparoa Coal, s. fis 6d; St. Elmo Courts (6 pc. pref.). s. IBs fid: Whakatane Paper Mills, s. 3s: White's Electric, s. Id, AUCKLAND gales—N.Z. Govt. Bonds. 15/2/43-46. 4 p.c.. £lO3 ss; ’do.. 15/6/52-55. 4 p.c., £104; N.Z. Govt. Stock. 15/5/49-52, 4 p.c., £lO3 15s: do., 15/6/32-55. 4 p,c„ £304: do. 31/5/54-58. 4 p,c, (late sale), £304, £104; Bank ot N.Z., 40a fid: South British, 47s 3d; Newton King (pref.) (2), 10s fid; Farmers' Trading, 19s; Reid Rubber. 4s; Whittome Stevenson. 19s fid, WELLINGTON Sales—N.Z. Govt. 4 p.C. Stock. 1952, £lO3 15s (late Monday); Equitable Building. 13s; Wellington Gas (pref.), 225. DUNEDIN Sales—N.Z. Govt. 4 p.c. Stock, 1040-53. £104; Bank of N.Z., 40s 6d. 40s 4d; Milburn Lime, 40s Bd. SYDNEY The Sydney share market was quiet but steady yesterday. Morning Sales—Bank, of New South Wales. £2O Is; Tooths, 48s fid; Asociater News (pref.), 14s 6d; Aust. Consolidated Industries, 34s 3d; British Tobacco, 455; Broken Hill Pty., 42a 6d; Burns, Phllp (South Seas). 20s 3d: Colonial Sugar, £47 6a. Afternoon Sales—Bank of Aust., 13s; United Insurance. £8 12s; Howard Smith. 19s Gd; Burns, Phllp. 50s; Aust. Gas A, £a 18s fid; Woolworths, 15s Id; Carlton Brewery, 595; W. Adams, 12s Cd; Mt. Lyall, *7s; Electrolytic Zinc. 475; North Brokep Hill. 38s. MELBOURNE Sales—Natl. Bank (£lO Pd-)> £*? |® s: Aljst. Consolid. Industries! 34s 3d; Nestles • (pref.), 16s; Felt and Textiles. 345; Uni-. , ted Provisions. 7s 2d; Mt. Morgan, 8s: • Ertiperor, 10s 3d. FOREIGN exchanges ' Telegraphic rates of exchange on over- ! seas centres yesterday are supplied oy ■ the Bank of New South Wales as follows I (the first quotation being the buying one, • and the second the selling)- ■ On: New York, del, to £N,Z„ 3 2542, ■ 3.2050: Montreal, dob _to £N.Z., 3,6039, 1 3.5200; Greece, drachmae to £N,Z., ■ 412.70; Java, florins to £N.Z.. 6.187, 8.004: Hone.Kong, N.Z. pence to dob, 181. IS. 1-92; India and Ceylon. N.Z, !? e nce to rupee, 22 19-84. 22 45-64; Manila, N-Z. pence to peso, 36 37-64, 37 39-64; Shanghai, N-Z. pence to dob, —, 5 41-64: Singapore, N-Z pence to dob, 34 33-64; 35 37-84, SHARE MARKET INDICES New York Dow-Jones's averages (1926 equals 100) and turnover on the New York Stock Exchange are as follows;

ond winter broken, 36d to 40Jd; sum' mer fawns, 36Jd to 38d; autumn.fawns, 68d to 71 Jd; first winter fawns, 84d to 89Jd; summer black, 24Jd to 26Jd; autumn black, 39d to 49Jd; first winter black, 75d to Slid: first bareskins, 24d to 38jd: bareskins, 17d to 25d; horsehair, 29d to SOJd; first ferrets, 12s to 13s Id; second ferrets, 6s Id to 11s. Find your market with an advertise, roent in 'The Press,ln : the-Small Advertisement Columns,V Office open tm 10 p.m. „ ' j . —l7

20 rail* 30 Shares roads. industrials. sold. July 1 .. 25.70 121.12 270,000 .. 26,07 121.58 330,000 July 17 .. 26.35 . 122.82 380,000 July 18 .. 28.40 123.00 220,000 July 19 .. . 26,40 122.10 200,000 July 20 ... 20.28 121.87 110,000 July 22 .. 26,21 122.06 230,000 July 23 ,. 20.44 122.23 250,000 .. 20.24 121,64 200,000 July 29 .. 26,58 123.15 260,000 Industrials: Highest in moo. 151.52 (September 12): lowest. 121.4 (April rtign1940, 152.80 <January 3); lowest. '114.13 'May 21). London - indices, compiled t,‘ 'Financlal Times," are (October IS. 1828. equals Govt. Home. IndusGold sec’ties. rails, trials. mines. July i .. 107.1 33.8 09.4 137.0 July 9 .. 109.0 36,5 72,0 138,9 July 10 .. 108.7 33.8 72.2 130.8 July 17 .. 108.6 33.7 71.2 138,8 July 18 .. 108,5 36.5 ■ 70,8. 137,8 July IB .. 108.3 36.5 70,2 139.2 July 22 ., 108.3 38‘4 - 70.4 142.4 July 23 .. 108.3 30.0 70.8 144.9 July 24 .. 108.7 , 30,5 72,2 146,6 July 25 .. 108.8 40.0 74.2 150,6 July 29 ,. 109.1 49,3 75,8 151,8